Financial Transparency Coalition

Last week, the C20, a global network of civil society organizations, released final versions of the four position papers that will guide their advocacy efforts ahead of the G20 summit in Brisbane, Australia. The most noteworthy for our work at the FTC comes within the paper on ‘Governance’, which includes a number of financial transparency issues.

Over the past few months, the C20 has elicited input from the general public on what issues are most important to the G20 talks. The finalized position papers will be used during the civil society summit this month, and in discussions with policymakers in the months leading up to November’s G20 Summit.

The ‘Governance’ paper outlines three priority recommendations: beneficial ownership transparency, tax transparency, and anti-corruption. Among the concrete steps the C20 lays out are the creation of public registers of beneficial ownership information, country-by-country reporting of financial information for companies, and a global automatic exchange of information system that incorporates developing countries.

You can read the full position paper here.

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